Hi AnnaTwo books that you may want to add for your library:1.Short -term rental long -term wealth by Avery Carl2.

A 1031 exchange will allow you to sell your building and use the proceeds to invest in a small multi family and/or medium term rentals.

I'm trying to keep it simple this year and concentrating on my "one thing" making good old Garry proud.  

Even if someone in these forums were to teach you a creative financing strategy that required zero out of pocket cash and the seller was willing to accept those deal terms, you still aren’t qualified to own real estate with your current balance sheet.

Keep learning and determine your long term goals.

The one that's short term and don't cost me a lot to initiate/originate.

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?

Hi All, I'm in need or a reliable tool to use when underwriting short term fix & flip loans.

Keep it simple - sell the property and let each sibling do what it is that they want.If you keep it and do a refinance(to pay for the bills)Who will be on the loan, will it impact everyoen's DTI?

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.